foreign exchange loss
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Nigeria Depreciating Naira Drags PZ Cussons Nigeria into First Loss Since 2020
PZ Cussons Nigeria reported its first annual loss since 2020, with a N76 billion deficit for the year ending May 2024. The loss was driven by a 3,000% surge in foreign exchange losses due to naira depreciation, significantly impacting the company's financial stability and increasing liabilities...- Nigeria News
- Article
- 1 min read
- annual loss foreign exchange loss n76 billion deficit naira depreciation pz cussons nigeria
- Category: Business
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